HotStreak operates a Web3 platform focused on daily fantasy sports (DFS) and sports betting. The company utilizes proprietary micro-market technology to offer unique wagering experiences. This platform provides users with innovative ways to engage with sports outcomes through decentralized applications.
Funding
$9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
PFounders
Product
Problem
Traditional sports betting platforms often lack dynamic, granular betting options, limiting user engagement and operator profitability. Existing systems struggle to offer real-time odds and effectively manage risk across a wide array of player-specific events. This results in a less immersive experience for users and suboptimal trading decisions for operators.
Solution
HotStreak provides an AI-powered platform for fully automated micro-markets in sports betting, delivering dynamic player prop markets. The technology uses AI-driven odds origination and real-time risk management to create personalized betting options for users. By automating odds adjustments and trading decisions, the platform ensures optimal risk management and increased profitability for operators. HotStreak's system prices all correlation in real time, allowing users to combine multiple bets within a single game, leading to increased engagement and larger payouts.
Target Audience
The primary target audience includes sports betting operators seeking to enhance profitability and risk management, as well as sports fans looking for more engaging and personalized betting experiences.
Features
- AI-driven odds origination for real-time micro-market player props across various stat categories.
- Automated risk management and trading decisions to optimize profitability.
- Real-time correlation pricing for same game parlays, enabling users to combine multiple bets.
- Mobile and web interface for fantasy sports engagement.